Louisiana Administrative Code
Title 7 - AGRICULTURE AND ANIMALS
Part XXVII - Agricultural Commodity Dealer and Warehouse Law
Chapter 1 - Agricultural Commodities Commission
Subchapter E - Assessments and Fees
Section XXVII-127 - Assessments: Amount, Time of Payment, Payment under Special Conditions
Current through Register Vol. 50, No. 9, September 20, 2024
A. Assessments shall be due and payable from the producer at the first point of sale as defined in §101 of this Part.
B. Each grain dealer shall deduct the assessments set forth in this rule and in R.S. 3:3422 from the proceeds to be paid to producers at the time of sale of commodities.
C. Assessments on commodities normally weighed by hundredweight and on commodities normally weighed by bushels shall be as set forth in R.S. 3:3422. The weight of commodities normally weighed in barrels shall be converted to bushels by multiplying the barrel weight by 3.6.
D. Rates of Assessments
Rough Rice |
$.01 per hundredweight |
Corn |
$0.007 per bushel |
Soybeans |
$0.007 per bushel |
Oats |
$0.007 per bushel |
Sorghum |
$0.007 per bushel |
Wheat |
$0.007 per bushel |
Cotton |
$0.10 per bale |
E. Each cotton merchant, grain dealer and warehouse shall remit all assessments withheld from producers, or otherwise due under this rule, together with a report on the form provided by the commission, to the commissioner no later than the fifteenth day of each month.
AUTHORITY NOTE: Promulgated in accordance with R.S. 3:3405 and R.S. 3:3422.